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SE16 7UF

Rainbow Quay, Canada Water, SE16

£475,000
£48,000 below fair value
2 Beds
2 Baths
68 m² Floor area
Type Flat
Listed 24 Sep 2026
Price per m² £6,985 / m²

Situated on a picturesque, leafy residential street in Surrey Quays, this spacious two-bedroom apartment enjoys a peaceful setting surrounded by South Dock Marina and Greenland Dock, with the River Thames a short stroll away.

The apartment offers a generous reception room with ample space for dining, a separate fitted kitchen, and two well-proportioned double bedrooms. The principal bedroom benefits from built-in storage and an en-suite bathroom, while the property also features a separate shower room. Further storage is available in the hallway.

A sunny private balcony overlooking the attractive residents' communal garden provides a pleasant outdoor space from which to enjoy the peaceful surroundings. The property also benefits from allocated secure underground parking and secure cycle storage, both included, as well as access to the private communal garden reserved exclusively for residents.

The apartment is within walking distance of both Surrey Quays station and Canada Water station, offering excellent transport connections across London. Canada Water provides access to the Jubilee line and Windrush line Overground services, making the City, Canary Wharf, the West End and beyond easily accessible. A wide range of local amenities are also close by, including Surrey Quays Shopping Centre, Tesco, Canada Water Café, Plough Way Deli, and Surrey Docks Fitness and Water Sports Centre.

The property is offered with a share of freehold, a 999-year lease, and no ground rent liability, providing long-term peace of mind for future owners.

Years on Lease - 997
Annual Service Charge - £2,985.64
No Ground Rent
Council Tax Band - E

Council tax, property size and, where applicable, lease information, service charges and ground rent are given as a guide only and should always be checked and confirmed by your Solicitor prior to exchange of contracts.

How the asking price has moved

Sep 2026
£475,000
Listed at original asking price

Prices, costs and transport nearby

What homes within 400 m sold for since Nov 2023, by type. Source: HM Land Registry.

Type Median Middle 80%
Flat This home
Median
187 sales
Terraced
Median
17 sales
Semi-Detached
Median
1 sale
Detached
No sales nearby

Most recent sales

Address Sold price Date Type
21 ROPE STREET, SE16 7TE £785,000 Aug 2026 Flat
29 PRINCES COURT, SE16 7TD £865,000 Jul 2026 Flat
Flat 4, 4, 4 RAINBOW QUAY, SE16 7UF £375,000 May 2026 Flat
Flat 63, ALAND COURT, FINLAND STREET, SE16 7LA £300,000 May 2026 Flat
82 ROPE STREET, SE16 7TF £645,000 May 2026 Flat
Flat 4, 4, 4 RAINBOW QUAY, SE16 7UF £375,000 May 2026 Flat
Flat 5, 96, 96 ROPE STREET, SE16 7TQ £530,000 Jan 2026 Flat
29 ROPE STREET, SE16 7TE £685,000 Dec 2025 Flat
312 ROPE STREET, SE16 7TY £797,500 Dec 2025 Terraced
Flat 10, 3, 3 RAINBOW QUAY, SE16 7UF £525,000 Oct 2025 Flat
48 ROPE STREET, SE16 7TE £350,000 Sep 2025 Flat
Flat C, 5, 5 WINDSOCK CLOSE, SE16 7FL £310,000 Jul 2025 Flat
45 ROPE STREET, SE16 7TE £780,000 Jul 2025 Flat
Flat 4, ALAND COURT, FINLAND STREET, SE16 7LA £325,000 Jun 2025 Flat
73 ROPE STREET, SE16 7TF £348,000 Mar 2025 Flat
Source: HM Land Registry · within 200 m · most recent first

Rainbow Quay, Canada Water, SE16

Asking price
£475,000
£48,000 below fair value
Our fair price estimate £523,000
Price per m² £6,985 / m²
Fair price = nearby sold prices per m² × UK HPI × 68 m² floor area (EPC-declared). Source: Land Registry, EPC & UK HPI.
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About this valuation

Fair price calculated from HM Land Registry sold prices in the same postcode area, adjusted by the UK House Price Index, and multiplied by the EPC-declared floor area of 68 m². Updated daily.

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